Black Hills Corporation (BKH) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$81.46 +0.83% NYSE β€’ Public Delayed / 60s Snapshot

Black Hills Corporation (BKH) carries a Roarable Rating of D+ (Sell) with 56/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh money.

ROARABLE D+ β€’ SELL / AVOID Cap $6.21B
INTERACTIVE SCENARIO DECK:
RQD QUANT TACHOMETERSELL / AVOID β€’ D+
025507510056
2-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw D Β· Rk B
Cash (5)Whales (10)SEC (8)Macro (13)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE-0.9% Base Target
$95 Bull$81 Base$63 Bear
πŸ”΄ SUNDAY NIGHT PREP β€’ 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:54% Call Buyers ($2.4M)
46% PutsMax Pain: $80.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL β€’ FY 2025 (10-K)

How BKH Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)
Revenue$2.29BGross Profit $1.01B (44%)Cost of Sales $1.28BOp Profit $537.5M (23.5%)OpEx (R&D/SG&A) $468.4MNet Profit$291.6M (12.8%)Tax/Other $245.9M

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

β–  Revenueβ–  Net Profitβ–  Free Cash Flow
FY23
Rev $2.30B
FY24
Rev $2.10B
FY25
Rev $2.29B
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$2.29B44%23.5%$291.6M-$146.4M5.1%
FY 2024$2.10B44%24%$273.1M-$24.9M5.1%
FY 2023$2.30B44%20.5%$262.2M$840.8M18.1%
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Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring BKH)

  • βœ“Live walkthrough of BKH's RQD Radar, SEC cash-conversion gap & downside levels
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RQD INSIDER CLUB UPGRADE$49/YEAR
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BKH // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +8.93%β–² RESISTANCE BREAKOUT
2026-10-30O $81.79H $82.15L $81.29C $82.01VOL 1.33M
RES: $80.10SUP: $65.68SMA50: $73.97SMA200: $73.38
$83.19$78.88$74.57$70.26$65.95RES $80.10SUP $65.68$82.012026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

BKH Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
15.0%/yr Implied 5Y Growth

vs. +9.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on BKH today. View full Setup Ledger β†’

πŸ¦‹ Documented & Second-Order Butterfly Connections Open Graph β†’

No direct multi-tier Butterfly edges indexed yet for BKH. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for BKH today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk β†’

BKH Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS β€’ SEC EDGAR Γ— CBOE Γ— FRED

How profitable is Black Hills Corporation (BKH)?

In FY 2025 (10-K), BKH converted $2.3B of revenue into a 44% gross margin, 23.5% operating margin, and $0 in free cash flow (0% FCF margin).